Edgewater Wireless Systems (CVE:YFI) Sets New 12-Month Low – Here’s Why

Shares of Edgewater Wireless Systems Inc. (CVE:YFIGet Free Report) reached a new 52-week low during mid-day trading on Thursday . The company traded as low as C$0.04 and last traded at C$0.04, with a volume of 31000 shares traded. The stock had previously closed at C$0.05.

Edgewater Wireless Systems Stock Performance

The company has a current ratio of 0.09, a quick ratio of 0.04 and a debt-to-equity ratio of -18.34. The firm has a market capitalization of C$9.54 million, a price-to-earnings ratio of -3.64 and a beta of -0.18. The stock’s 50-day moving average is C$0.05 and its 200-day moving average is C$0.05.

About Edgewater Wireless Systems

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Edgewater Wireless Systems Inc develops and commercializes technologies and intellectual property for the wireless communications market in North America. The company provides IP Licensing, Wi-Fi spectrum slicing solutions, dual channel Wi-Fi; wireless access points and associated peripheral equipment and support services; and PowerZoning, a channel power control product for multi-channel single radio Wi-Fi networks.

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